Madhya Pradesh attracts investment interest in ethanol, food processing and other sectors

During his visit to Ludhiana, Chief Minister Dr. Mohan Yadav held individual meetings with leading industrialists from Punjab, highlighting Madhya Pradesh’s investor-friendly policies. He assured them that the state government is open to making policy adjustments to support new investment opportunities. Dr. Yadav also emphasized the state’s commitment to protecting the interests of both industry and labor.

Speaking at an investor meet in Ludhiana, Dr. Yadav said that interactive sessions, one-to-one meetings, and dialogues held resulted in investment proposals worth Rs. 15,606 crore, which are expected to generate over 20,000 employment opportunities. He extended a warm invitation to industrialists from Ludhiana and Punjab to set up industries in Madhya Pradesh, and also briefed them on the state’s resources and investor-friendly industrial policies.

Among those he met from the textile industry were Dinesh Oswal, CMD of Nahar Group; Navneet Gupta, CFO of SEL Group; and Manjit Singh, representative of Bonn Group of Industries. In the steel sector, Lokesh Jain, MD of TK Steel Group, discussed potential investments. From the pharmaceuticals, ethanol, and chemicals sectors, Varinder Gupta, MD of IOL Chemicals & Pharmaceuticals, and Puneet Agrawal, Director of MRM Medhya Greentech, shared their proposals. In the food processing and tea sectors, Sushil Mittal, MD of Bhagwati Lactose Vegetarian Exports, and Harish Dua from the KG Export Team discussed the state’s logistics, agricultural resources, and food parks. From the engineering sector, S.K. Rai, MD of Hero Cycles, and Amit Kumar Modi, MD of Highland Ethanol, inquired about industrial zones available for investment. Additionally, Anoop Bector, MD of Bectors Foods, and Deepak Garg, Director of A.V. Cotspin Industries, held in-depth discussions with the Chief Minister and commended the state’s progressive approach to industry.

Dr. Yadav also noted that the state government had recently approved labor settlements worth hundreds of crores, underscoring its dedication to worker welfare. He also assured that if any amendments in policy are required to facilitate investment, the government is prepared to make changes even at the Cabinet level.

This session in Ludhiana represented a significant stride in drawing investment proposals and underscored Madhya Pradesh’s rise as a trustworthy and investor-friendly destination under Dr. Yadav’s leadership.

 

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